More Informative Links for June 18, 2012
Greek Conservatives Win, Head into Coalition Talks – AP/Yahoo “Greek Parties Head into Coalition Negotiation; Fears of Imminent Euro Exit Recede.”
Euro Crisis Far from Over, Stock Analysts Warn – AP/Yahoo “The result forestalled what financial analysts had most feared — a victory for Syriza, a leftist party that objects to the bailout terms. That could have sped Greece toward an exit from the euro and the world economy toward an unpredictable shock.”
Greek Election Despatch: No Panic, No Fear, No Hope – Telegraph “Nobody is buying anything. Nobody is selling anything. No bank is lending anyone money. The normal processes of commerce have slowed down or stopped. And even the election campaign isn’t stirring the passions you’d expect.”
America Will Soon Need to Take Advice It Offers Europe – Telegraph “At the end of December, a combination of the expiration of tax cuts first introduced by President George W Bush, and a set of spending cuts, risk sending the US back into recession. It is a moment that will require the occupant of The White House and Congress to act boldly and deliver the plan on growth and the deficit that has eluded them over the last 18 months.”
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